Cyprus

News & Analysis

News In Brief: October 17-October 21, 2022

Cypriot betting oversight gets lawmaker backing, a surprise fantasy sports bill makes progress in Brazil and Argentine lotteries makes payments alliance to battle illegal gambling.

Cyprus Updating Safer Gambling Regulations

The National Betting Authority (NBA) of Cyprus is adding a raft of safer gambling best practices into its rules for online bookmakers.

Northern Cyprus State Lottery Blunder Forces President To Intervene

The President of Northern Cyprus has fired the head of the lottery regulator after “a huge and unforgivable blunder” meant National Lottery tickets were printed with an image of a rival Greek nationalist paramilitary group.

News In Brief: July 4-July 8, 2022

A trailblazing former Nevada regulator gets top job at Las Vegas NFL team.

UK Penalises White-Label Firms Over AML, Safer Gambling Failings

Two white-label gambling companies, which each operate more than 200 websites for other companies, have been assessed more than £700,000 for failings in anti-money laundering (AML) and safer gambling policies.

Research & Reports

Market Insight: European Online Gambling

This in-depth report provides insight into the size, structure and growth of 32 European online gambling markets, containing analysis, updated as new information becomes available, sector themes and key market developments bringing stakeholders opportunities, challenges, tailwinds and headwinds.

Interactive Map: Gambling Advertising Across Europe

Advertising is one of the most hotly discussed topics in the European gambling industry. In this map, VIXIO GamblingCompliance shows the current situation regarding gambling advertising in all jurisdictions. The map highlights the differences among the countries that allow, partially prohibit or forbid gambling advertising.

Market Insight: European Lotteries

This in-depth report provides insight into the size, structure and growth of 30 European lottery markets, containing analysis, updated as new information becomes available, of sector themes and key jurisdictional and lottery-level developments including growth trends by game category and channel shift towards online sales.

Cyprus: Securities and Exchange Commission Consults on Proposals to Bring Crypto Asset Activities Under National AML Legal Framework

On February 19, 2019, the Cyprus Securities and Exchange Commission (CySEC) launched a consultation seeking feedback on the proposed amendments to the Prevention and Suppression of Money Laundering and Terrorist Financing Law of 2007 (L. 188(I)/2007). Taking into consideration many queries received from market participants, the proposals aim to bring crypto asset activities under the ambit of the AML framework, transposing at the same time the provisions of the 5th Anti-Money Laundering Directive (5th AMLD) into the national legal order.

Cyprus: Data Protection Commissioner Consults on Draft Law Implementing the GDPR

On April 3, 2018, the Office of the Commissioner for Personal Data Protection launched a public consultation on a preliminary draft law implementing a number of the provisions of the General Data Protection Regulation (GDPR). The bill was drafted by the authority, after taking into consideration comments from the Ministry of Justice and Public Order.

Some of the main provisions of the draft law, which by large refers to the actual articles of the GDPR, can be summarised as follows:

Data & Forecasts

Allwyn International Report - 2001 to 2022Q3

Latest quarterly data from Czech-headquartered Allwyn International (formerly SAZKA Group). The data released for the operator contains the following information: Gross gaming revenue by market and product line, gaming taxes, net gaming revenue, operating expenses and operating EBITDA by market. There are approximately 930 data points in this document.

Market Monitor: European Online Gambling

This quarterly report contains a comprehensive overview of available data on the €25bn+ European online gambling sector. Jurisdictional market size figures and year-on-year growth rates are supplemented by an interactive dashboard and standardised, comparable data on betting-gaming splits and online penetration rates.

OPAP Report - 2001Q1 to 2022Q3

Latest quarterly data from Greek-listed OPAP. The data released for the operator contains the following information: Group income statement, net revenues by game category and number of installed VLTs by location. There are approximately 4,675 data points in this document.

Cyprus - Quarterly Betting Report - 2015Q1 to 2022Q2

Latest Quarterly Betting Report data from the Cyprus National Betting Authority (NBA). The data released for the country contains the following information: Number of licensees, turnover, gross gaming revenue, gross win margin & tax revenue from retail and online betting, licensed betting locations by district and number of blacklisted websites. There are approximately 750 data points in this document.

Market Monitor: World Lottery Association Compendium

This report contains around 40,000 data points across over 150 lotteries and 85 countries, as collated annually by the World Lottery Association. The dataset displays total sales, GGR, digital sales & digital GGR by product category in horizontal time series and filterable table views.